Is Living Well Foundation Legit?

Quick charity verification for Living Well Foundation (EIN: 205705242)

Verdict: Living Well Foundation appears trustworthy

85/100Mission Score

$8.9MRevenue

$49.0MAssets

3Red Flags

4Strengths

Red Flags

Consistent $0 officer compensation reported, which is highly unusual for an organization of this asset size and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Significant discrepancy between 'Latest Revenue' ($8,864,284) and historical annual revenues (e.g., $1,315,373 in 2023), requiring clarification.

Strengths

Strong asset base, consistently maintaining around $47-49 million over the past decade, indicating financial stability.
Generally sound financial management with revenues exceeding expenses in most reported years, allowing for asset retention or growth.
Low liabilities relative to assets, suggesting a healthy balance sheet and low financial risk.
Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency and regulatory compliance.

Spending Breakdown

How Living Well Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Living Well Foundation

Is Living Well Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Living Well Foundation (EIN: 205705242) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Living Well Foundation a good charity to donate to?

Living Well Foundation has a Mission Score of 85/100. Revenue: $8.9M. Assets: $49.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Living Well Foundation?

The Employer Identification Number (EIN) for Living Well Foundation is 205705242. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Living Well Foundation spend its money?

Living Well Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Living Well Foundation's tax-exempt status?

You can verify Living Well Foundation's tax-exempt status using EIN 205705242 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Living Well Foundation demonstrates a consistent financial profile with substantial assets, averaging around $47-49 million over the past decade. While its latest reported revenue is $8,864,284, the historical 990 filings show annual revenues typically ranging from $448,002 to $1,315,373, with expenses generally lower than revenue in most years, indicating sound financial management and an ability to cover operational costs. The organization's liabilities have remained relatively low compared to its assets, suggesting a healthy balance sheet. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency and operational model, indicating that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which warrants further investigation for a complete picture of administrative costs.

Spending efficiency appears strong, as expenses have consistently been less than revenue in most years, allowing for asset growth or retention. For instance, in 2023, revenue was $1,315,373 against expenses of $839,318. The organization's NTEE code E11 (Housing/Shelter) suggests a focus on direct program services, and the consistent financial health implies resources are available for its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency across these categories is limited.

Transparency is generally good given the consistent filing history and the clear reporting of assets, liabilities, revenues, and expenses. The zero officer compensation across all filings is a significant point for transparency, as it either indicates a highly volunteer-driven leadership or that compensation is reported under different categories, which would require deeper scrutiny of the full 990 forms. The organization's stable asset base and consistent financial reporting contribute to a positive view of its financial health and commitment to public disclosure.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.